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Spot Bitcoin ETFs Clobbered By $218M Net Outflow On Thursday
Friday, April 26, 2024 - 6:38am | 587Bitcoin (CRYPTO: BTC) defied expectations this week, experiencing a price increase of around 3.7% even as investors pulled a significant amount of money out of Bitcoin exchange-traded funds (ETFs). What Happened: According to data from SoSoValue, the total net outflow from Bitcoin spot ETFs on...
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Spot Bitcoin ETF Contenders Slash Fees Ahead Of SEC's Decision Day: 'Two Years Worth Of Fee War Condensed Into A Couple Days'
Tuesday, January 9, 2024 - 8:00pm | 491In yet another round of fee cuts, four spot Bitcoin ETF applicants have taken to last-minute fee reductions, possibly gaining the extra edge at this high-level juncture of competition. What Happened: Invesco, Bitwise, Valkyrie and WisdomTree announced a reduction in their fees in the latest amended...
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Spot Bitcoin ETF Issuers Given Clearance To Submit Final Documents
Friday, January 5, 2024 - 6:15pm | 614The U.S. Securities and Exchange Commission informed exchanges and issuers that want to list spot Bitcoin (CRYPTO: BTC) ETFs to submit a final version of a key document as soon as Friday, Bloomberg reported, citing sources close to the matter. What Happened: The documents...
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Bitcoin Crosses $45K With All Eyes On ETF Countdown: Is Jan. 10 The Date That Crypto Changes Wall Street Forever?
Tuesday, January 2, 2024 - 11:14am | 474As Bitcoin surges past $45,000 for the first time since April 2022, several leading asset management firms are gearing up for a major development in the cryptocurrency space. Numerous asset management companies, such as BlackRock Asset Management, a division of BlackRock Inc (NYSE: BLK),...
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Valkyrie Amends Spot Bitcoin ETF Application Again: Will SEC Grant Approval Before Deadline?
Thursday, December 14, 2023 - 3:17pm | 370Asset management firm Valkyrie Investments submitted its fourth amendment to the Spot Bitcoin ETF application. What Happened: “The offering is intended to be a continuous offering and is not expected to terminate until three years from the date of the original offering, unless extended as...
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Bitcoin ETF Approval: Mark Your Calendars For January As SEC Decides Crypto's Fate
Friday, December 1, 2023 - 4:20pm | 440Scott Johnsson, a general partner at Van Buren Capital, is hyping up the "official" date range for when regulators will approve Spot Bitcoin Exchange-Traded Funds (ETFs). What Happened: Johnsson, citing a letter from Sherry Haywood of the U.S. Securities and Exchange Commission, expects...
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If You Invested $100 In Bitcoin When Winklevoss Twins First Filed For Spot BTC ETF Over 10 Years Ago, Here's How Much You'd Have Now
Wednesday, October 4, 2023 - 8:03am | 451Cameron and Tyler Winklevoss, the founders of prominent cryptocurrency exchange Gemini, have long been advocates for the establishment of a Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). What Happened: The brothers took a significant step in mid-2013 by filing plans for the Winklevoss...
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SEC Delays Bitcoin ETF Proposals From Blackrock, Valkyrie
Friday, September 29, 2023 - 2:20am | 556The Securities and Exchange Commission (SEC) has decided to again postpone its decisions on several Bitcoin ETF proposals, including those submitted by BlackRock and Valkyrie. What Happened: As reported by Blockworks, the SEC has delayed its decisions on a number of Bitcoin (CRYPTO: BTC) ETF...
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Pepe Coin Bucks Trend with 12% Surge, Outpacing Dogecoin, Shiba Inu — Can PEPE Reach $1?
Friday, September 29, 2023 - 2:19am | 502Pepe Coin (CRYPTO: PEPE), a budding meme-based cryptocurrency, has taken the market by surprise with a 12% surge in value over the past 24 hours, outpacing gains made by other meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). What Happened DOGE and SHIB experienced marginal...
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Over $11M In Ethereum Shorts Liquidated As Valkyrie ETH ETF Futures Gain Approval
Thursday, September 28, 2023 - 11:16pm | 526Valkyrie Investments has emerged victorious in offering the first-ever exchange-traded fund (ETF) featuring Ethereum (CRYPTO: ETH) futures. What Happened: As a result of Valkyrie’s ETH ETF Futures news, there has been a surge in ETH prices, leading to the liquidation of over $11 million...
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Bitcoin, Ethereum, Dogecoin Spike As Valkyrie Funds Secures SEC Approval For ETH ETF Futures: Analyst Declares Bull Market Finally Here As 'Markets Are Heating Up'
Thursday, September 28, 2023 - 10:25pm | 992Major cryptocurrencies saw a surge in value on Thursday evening following the news that investment manager Valkyrie Funds LLC has reportedly received regulatory approval from the Securities and Exchange Commission (SEC) to introduce Ethereum futures to its existing Bitcoin futures exchange-traded...
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Cathie Wood's ARK Invest And 21Shares File For Bitcoin, Ethereum Futures ETFs
Friday, August 25, 2023 - 10:40am | 752ARK Invest, led by Cathie Wood, in collaboration with 21Shares, has submitted applications for two futures exchange-traded fund (ETF) products centered on Ether (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC). This move places them among a growing number of firms eager to introduce similar offerings....
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Fintech Focus For July 1, 2021
Wednesday, June 30, 2021 - 7:07pm | 2232Quote To Start The Day: “If you do what you’ve always done, you’ll get what you’ve always gotten.” Source: Tony Robbins One Big Thing In Fintech: NYCE Companies formally announced Wednesday a record-breaking $1.31-million raise, as well as the signing of a deal to go...